Molex (Nasdaq: MOLX ) is expected to report Q2 earnings on Jan. 23. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Molex's revenues will grow 10.7% and EPS will decrease 0.0%.
The average estimate for revenue is $949.6 million. On the bottom line, the average EPS estimate is $0.38.
Last quarter, Molex logged revenue of $916.9 million. GAAP reported sales were 2.0% lower than the prior-year quarter's $936.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.40. GAAP EPS of $0.40 for Q1 were 13% lower than the prior-year quarter's $0.46 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 29.3%, 200 basis points worse than the prior-year quarter. Operating margin was 10.4%, 280 basis points worse than the prior-year quarter. Net margin was 7.8%, 80 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $3.79 billion. The average EPS estimate is $1.60.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 134 members out of 149 rating the stock outperform, and 15 members rating it underperform. Among 48 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 45 give Molex a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Molex is hold, with an average price target of $26.88.
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